On the volume front, 27.84 lakh shares of the company changed hands on the BSE during the day.

In the previous session, the stock rose by nearly 11 per cent.

"As a policy of the company, we do not wish to comment on rumors or any speculative news items, hence we would not like to offer any comments on the said news reporting," FTIL said yesterday in a filing to the BSE with regard to reports that it is to sell stake in National Bulk Handling Corp for Rs 300 crore.

FTIL has diverse business interests, including running various multi-asset class exchanges.